Allspring Global Investments Holdings Reduces $17M in Avient Corporation ($AVNT)
Key Points
- Allspring Global Investments Holdings changed its Avient Corporation ($AVNT) stake by 13.12% last quarter, cutting to 2,981,810 shares worth $110.21 million.
- $AVNT last traded around $36.96.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Allspring Global Investments Holdings reduced its position in Avient Corporation ($AVNT) by 13.12% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,981,810 shares of Avient Corporation after selling 450,427 shares during the quarter. Allspring Global Investments Holdings's holdings in Avient Corporation were worth $110.21 million as of its most recent filing.
Avient Corporation Stock Down 17.3%
Shares of Avient Corporation ($AVNT) traded around $36.96 on Saturday, down 17.3% for the day.
Avient Corporation Earnings
Avient Corporation Dividend
Analysts Set New Price Targets
About Avient Corporation
Avient Corporation operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. The company operates in two segments, Color, Additives and Inks; and Specialty Engineered Materials. The Color, Additives and Inks segment offers custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, and specialty inks; custom-formulated liquid system, such as polyester, vinyl, natural rubber and latex, polyurethane, and silicone; and proprietary inks. The company products are used in medical and pharmaceutical devices, food packaging, personal care and cosmetics, transportation, building products, wire and cable, recreational and athletic apparel, construction and filtration, outdoor furniture, healthcare, textiles and appliances, and industrial markets. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. It sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.
Get Avient Corporation alerts
New 13F filings, insider trades, and analyst moves on $AVNT, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.